Erika B-Cure Laser (XTAE:BCUR) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Erika B-Cure Laser LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Erika B-Cure Laser's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Erika B-Cure Laser's long-term debt to total assets ratio declined from Dec. 2022 (0.09) to Dec. 2023 (0.06). It may suggest that Erika B-Cure Laser is progressively becoming less dependent on debt to grow their business.

Erika B-Cure Laser LT-Debt-to-Total-Asset Historical Data

The historical data trend for Erika B-Cure Laser's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erika B-Cure Laser LT-Debt-to-Total-Asset Chart

Erika B-Cure Laser Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.30

0.11

0.09

0.06

Erika B-Cure Laser Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.11	0.12	0.09	0.07	0.06

Erika B-Cure Laser LT-Debt-to-Total-Asset Calculation

Erika B-Cure Laser's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2.597	/	46.907
	=	0.06

Erika B-Cure Laser's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2.597	/	46.907
	=	0.06

Erika B-Cure Laser (XTAE:BCUR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Erika B-Cure Laser LT-Debt-to-Total-Asset Related Terms

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Erika B-Cure Laser (XTAE:BCUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Erika B-Cure Laser Ltd (XTAE:BCUR) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Nahum Hat 5, Entrance 2, Haifa, ISR, 3508504

Website

https://www.bcurelaser.com

Erika B-Cure Laser Ltd is engaged in the development and production of laser devices for the treatment of pain and wounds. Its devices provide treatment for Knee Pain, Lower Back Pain, Neck Pain, Shoulder Pain, Finger Joint pain, and Burns.

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